Stanley Black & Decker to invest $29M in upgrades for Jackson facility
JACKSON, Tenn. — State leaders and officials with Stanley Black & Decker announced Thursday that the manufacturer will invest $29 million in upgrades for its Jackson operations.
Officials announced the upgrades during a Thursday afternoon news conference at “The CO” in Jackson.
The company also plans to bring its 500,000-square-foot onsite distribution center back into full service, according to the release.
Stanley Black & Decker officials said the upgrades will help to make the Jackson location one of the company’s first “lighthouse facilities” to serve as a model for advanced manufacturing techniques.
Officials with the company said Stanley Black & Decker is the world’s largest tool manufacturer.
“I think there are 30 plants across the Stanley Black & Decker universe and their all competing for capital and all want plant expansions and of course in this particular sweepstakes the great city of Jackson won,” said Tennessee Department of Economic and Community Development Commissioner Bob Rolphe.
Stanley Black and Decker also announced $50,000 being invested into a scholarship fund for Tennessee College of Applied Technology students. The fund is designed to develop the manufacturing workforce of the future.